NOT LISTED FOR SALE

Estimated Value: $907,000 - $1,337,000

3 Beds
3 Baths
2,250 Sq Ft
$454/Sq Ft Est. Value

Last Sold June 22, 2016

Last sale price $400,000 $178 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $10,856/month

111 Days on Market

Highlights

  • Doorman
  • Gas Heated Pool
  • Eat-In Kitchen
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • Cooling Available

About This Home

As of June 2016

Rare Opportunity to own this Chic and Sophisticated 3 Bed 3 Bath Unit in the Historic Palm Beach Hotel located within walking distance to the Breakers, Beach, Bike Trail and Restaurants. Beautifully renovated in 2016, this Apartment Features Top of the Line Finishes, Appliances, Marble Flooring, Custom Cabinetry and More. A Must See. Currently configured as one 2 Bed / 2 Bath Unit and one 1 Bed / Bath Unit. All three units sold together under one APN. Also available for Annual or Seasonal Rent. Call Paul on (310) 497 4883 for showings

Last Agent to Sell the Property

PAUL BERGMAN

K2 Realty, Inc. Listed on: 02/23/2016

Last Buyer's Agent

Paul Bergman

Douglas Elliman License #SL-3248699

Douglas Elliman

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $2,407

Year Built

  • Built in 1925

Lot Details

  • South Facing Home

HOA Fees

  • $4,618 Monthly HOA Fees

Interior Spaces

  • 2,250 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Window Treatments
  • Dining Area
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Flooring

  • Stone
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • Garage
  • No Garage

Pool

  • Gas Heated Pool
  • Outdoor Pool

Utilities

  • Cooling Available
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434315280000138

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, sewer, water
  • 204 Units
  • Pb Hotel Community
  • On-Site Maintenance

Amenities

  • Doorman
  • Common Area
  • Laundry Facilities
  • Elevator

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$2,407

Year Built

Built in 1925

Lot Details

0

HOA Fees

$4,618 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: On Sunrise Ave
  • Building Name: PB Hotel
  • Garage Yn: Yes
  • Year Built: 1925
  • Location Tax Legal:Name of Building: PB Hotel
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 2407.0
  • Location Tax Legal:Tax Year2: 2015
  • General Property Description:Living Area: 2250.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 13854.94
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 204
  • General Property Description:_pound_ Floors: 4.0
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Pool:Heated - Gas: Yes
  • Floors:Marble: Yes
  • Laundry:Laundry in Building: Yes
  • Maintenance Includes:Cable TV: Yes
  • Restrictions:No Pets Allowed: Yes
  • Floors:StoneBrick: Yes
  • ACHeat:Units Air: Yes
  • ACHeat:Units Heat: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Microwave
  • Total Bedrooms: 3
  • Flooring: Marble, Stone/Brick
  • Interior Amenities: Cable, Ceiling Fan, Wndw Trmnts Included, Smoke Alarms
  • Living Area: 2250.0
  • Stories: 4
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Ceiling Fan: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Pool Features: Pool, Heated Gas
  • Pool Private: Yes
  • Exterior Features: Elevator, Lobby
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Lobby: Yes

Garage/Parking

  • Parking:No Garage2: Yes

Utilities

  • Laundry Features: Laundry in Building
  • Security: Door Person
  • Heating: Units Air, Units Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes
  • Pets Allowed: No

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434315280000138
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 204
  • Maintenance Expense: 13854.94

Tax Info

  • Tax Annual Amount: 2407.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2025
Sold by
Vinal F B Pritchard
Bought by
Mpg Palm Beach Llc
Total Days on Market
111
Current Estimated Value
$1,020,469

Purchase Details

Closed on
Sep 23, 2016
Sold by
Levasseur Miller Daniel V and Levasseur Miller Debra
Bought by
Vinal Florence Beth and Intergity Home And Health Mentors Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 23, 2016
Closed on
Jun 13, 2016
Sold by
Levasseur Miller Daniel B and Levasseur Miller Debra
Bought by
Integrity Home And Health Trust
Seller's Agent
PAUL BERGMAN
K2 Realty, Inc.
Buyer's Agent
Paul Bergman
Douglas Elliman
List Price
$400,000
Sold Price
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.03%

Purchase Details

Closed on
Jun 5, 2015
Sold by
Red Coin Holdings Llc
Bought by
Miller Daniel B

Purchase Details

Closed on
Jul 8, 2014
Sold by
Simonson Cynthia J
Bought by
Red Coin Holdings Llc

Purchase Details

Closed on
Mar 24, 2009
Sold by
Heise Richard A
Bought by
Simonson Cynthia J

Purchase Details

Closed on
Apr 8, 2003
Sold by
Heise Allen
Bought by
Heise Richard A

Purchase Details

Closed on
Mar 12, 2003
Sold by
Shaughnessy Amy E
Bought by
Heise Allen

Purchase Details

Closed on
Feb 1, 2002
Sold by
Heise Allen
Bought by
Heise Allen

Purchase Details

Closed on
Apr 13, 2000
Sold by
John Letitia and John Gates
Bought by
Heise Allen

Purchase Details

Closed on
Jun 16, 1997
Sold by
Radkay Robert R and Radkay Roberta L
Bought by
Gates Letitia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,900
Interest Rate
8.01%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mpg Palm Beach Llc $800,000 None Listed On Document
Mpg Palm Beach Llc $800,000 None Listed On Document
Vinal Florence Beth -- None Available
Integrity Home And Health Trust $400,000 None Available
Miller Daniel B $101,200 Florida Intl Title & Escrow
Red Coin Holdings Llc $190,000 None Available
Simonson Cynthia J $155,000 Attorney
Heise Richard A $40,000 --
Heise Allen $5,475 --
Heise Allen $5,475 --
Heise Allen $57,500 --
Gates Letitia $63,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vinal Florence Beth $420,000
Previous Owner Gates Letitia $33,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2016 06/22/16 Sold $400,000 0.0% $178 / Sq Ft
06/13/2016 06/13/16 Pending -- -- --
02/23/2016 02/23/16 For Sale $400,000 -- $178 / Sq Ft
Source: Palm Beach Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,122 $339,405 -- --
2023 $5,769 $308,550 $0 $0
2022 $4,810 $280,500 $0 $0
2021 $4,085 $255,000 $0 $255,000
2020 $3,796 $233,750 $0 $233,750
2019 $7,218 $552,500 $0 $552,500
2018 $5,070 $320,000 $0 $320,000
2017 $5,176 $320,000 $0 $0
2016 $2,302 $155,000 $0 $0
2015 $2,407 $155,000 $0 $0
2014 $1,760 $131,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 16-468

APN: 50-43-43-15-28-000-0138